Snapchat Archives - CFO

Snap User Growth Rises But Misses Forecast

Snap User Growth Rises But Misses Forecast

The initial lift in users that Snap saw from coronavirus lockdowns "dissipated faster than we anticipated as shelter in place conditions persisted."

By Matthew Heller | July 22, 2020

Snap Stock Rally Continues on Strong Q2 Results

Financial Performance

Snap Stock Rally Continues on Strong Q2 Results

“At this point, we must acknowledge the turnaround in [the Snapchat maker's] underlying operating trends," one analyst says.

By Matthew Heller | July 24, 2019

CFO Stone Leaving Snap After Only 8 Months

CFO Stone Leaving Snap After Only 8 Months

While Snap's financials improved slightly during Tim Stone's short tenure, the company's share price continued to ebb.

By Vincent Ryan | January 15, 2019

Snap Swaps Out CFO Vollero for Amazon Exec

Snap Swaps Out CFO Vollero for Amazon Exec

Drew Vollero helped guide Snapchat's parent through its IPO. But struggles with lackluster user growth and earnings marred his tenure.

By Matthew Heller | May 8, 2018

Snap Stock Slides After Kylie Jenner Outburst

Snap Stock Slides After Kylie Jenner Outburst

The reality TV star said she's stopped using Snapchat but it's unclear that she single-handedly wiped more than $1 billion off Snap's market value.

By Matthew Heller | February 22, 2018

MuleSoft’s Opening Pop Beats Snap

MuleSoft’s Opening Pop Beats Snap

The 45% gain in the company's share price on its market debut suggests "investor sentiment is positive for such enterprise software offerings."

By Matthew Heller | March 20, 2017

Snap Shares Soar 44% on First Day of Trading

Snap Shares Soar 44% on First Day of Trading

Some analysts are skeptical about Snapchat's parent, pointing to its “aggressive competition” and a “core user base that is not growing by much."

By Matthew Heller | March 2, 2017

NYSE to Hold Test Run for Snap IPO

NYSE to Hold Test Run for Snap IPO

The exchange is hoping to avoid technical glitches ahead of the long-awaited unicorn offering.

By Sean Allocca | February 15, 2017

Snap Aims to Raise up to $4 Billion in IPO

Snap Aims to Raise up to $4 Billion in IPO

Snapchat's parent reported revenue soared to $404 million last year but user growth slowed to 5% in the last three months of 2016.

By Matthew Heller | February 6, 2017

Snapchat Raises $537M in Latest Funding Round

Snapchat Raises $537M in Latest Funding Round

With a possible IPO on the horizon, the social media app is closing in on a target of $650 million in new venture capital financing.

By Matthew Heller | May 29, 2015

How Exposed Is Your Data?

Risk & Compliance

How Exposed Is Your Data?

To find out, CFOs must pose these questions to their heads of IT security.

By John Parkinson | February 13, 2014